XRP experienced a strong price surge to around $1.70 before pulling back to about $1.49, supported by increased trading volume. The rally pushed XRP above major moving averages, notably clearing the long-term resistance at $1.35, which is now a critical support level. While technical indicators show the price is overbought and a short-term correction is possible, maintaining support above $1.35 could confirm a broader recovery. A break above $1.70 could target $1.80-$2.00, but a drop below $1.35 would weaken the bullish outlook.
XRP's circulating supply increased by 5.5% year-over-year due to escrow releases, causing dilution that fee burns cannot offset, according to 21Shares. Meanwhile, revenue from the XRP Ledger (XRPL) fell sharply by 81.6% to $1.18 million in the first ...
XRP has seen a major rally in South Korea, capturing 32.20% of Upbit's trading volume during a period when the exchange processed about $830 million in just one hour. Upbit's 24-hour turnover reached approximately $3.81 billion, with Bithumb also rep...
Ripple CEO Brad Garlinghouse announced that U.S. cryptocurrency regulation is approaching a decisive moment following recent meetings at the White House and the Commodity Futures Trading Commission (CFTC). These discussions brought together crypto le...
The U.S. is approaching a critical moment in cryptocurrency regulation with a Senate cloture vote on the CLARITY Act scheduled for September 15. This vote will decide whether the Senate advances debate on the bill, which aims to clarify regulatory ov...
Xaman Wallet, a key app for the XRP Ledger ecosystem, has eliminated its 0.09 XRP minimum trading fee to encourage more liquidity and enable smaller trades. While the 0.8% swap and DEX trading fee remains, removing the minimum fee lowers barriers for...
